This well-established cafeteria in the heart of Coral Gables is a prime investment opportunity, established in 2008, and currently owner-operated. The business has consistently generated sales of over $160,000 per year.
With rent set at an affordable $3,257 per month, this business offers substantial net income, yielding $4,500 to $6,000 in net monthly income.
The owner is committed to ensuring that all necessary permits are up to date for the new owner, providing peace of mind and a seamless transition and continued success for the new owner. With a solid base of loyal customers, this cafeteria is a true gem in the Coral Gables market.
Monthly expenses include a chef's salary of $2,400, utilities ranging from $300 to $350 for FPL, $130 for Comcast/phone, $2,800 for food purchases, and $400 for packaging supplies. With a stable revenue stream and low operating costs, this business is a turnkey operation ready for a new owner to take the reins.
Ad#:2409147